Legal Opinion

Metropolitan Transportation Authority v. Bruken Realty Corp.

New York Court of Appeals

Decided April 1, 1986PublishedCited by 99 opinions

1Opinion of the Court

OPINION OF THE COURT

Simons, J.

In 1966 the State of New York, acting through the Metropolitan Commuter Transportation Authority (now plaintiff Metropolitan Transportation Authority [MTA]) bought all the capital stock of plaintiff Long Island Railroad from the Pennsylvania Railroad for $65 million. Included among the assets acquired were 65 acres of real property in Queens which had been used by the Long Island Railroad as a freight yard. As *160part of the consideration, to reduce the purchase price, the State conveyed air rights above this property to Delbay Corporation, a subsidiary of…

2Cases cited28 opinions

  1. Allen v. Biltmore Tissue Corp.New York Court of Appeals · 1957
  2. De Peyster v. . MichaelNew York Court of Appeals · 1852
  3. Robroy Land Co. v. PratherWashington Supreme Court · 1980
  4. Matter of City of New York (Upper N.Y. Bay)New York Court of Appeals · 1927
  5. In Re Proving the Last Will & Testament of GriffinNew York Court of Appeals · 1901

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3Cited by99 opinions

  1. LIN Broadcasting Corp. v. Metromedia, Inc.New York Court of Appeals · 1989
  2. Ferrero Construction Co. v. Dennis Rourke Corp.Court of Appeals of Maryland · 1988
  3. Symphony Space, Inc. v. Pergola Properties, Inc.New York Court of Appeals · 1996
  4. United States v. FreidusDistrict Court, S.D. New York · 1991
  5. Navasota Resources, L.P. v. First Source Texas, Inc., Texas Court of Appeals, 10th District (Waco)2008

94 more not listed; retrieve them via the Exa API.

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